'While the poor have little say in shaping India's intellectual or public discourse, they do have a significant role in deciding political outcomes,' points out Roshan Kishore.
The uptick in prices ranging from steel to wheat could benefit lots of commodity-based companies -- from State-owned SAIL to the agro exporters.
Close to 60 per cent models that Kia sells in India are top trims of the models. In line with its global strategy, the India arm of South Korean major Kia has dropped 'Motors' from its name. This is to reflect the transition from an automaker to a provider of advanced and eco-friendly mobility solutions, the company said. With a new brand identity and slogan, the fourth-largest car maker in India by sales aims to accelerate growth and strengthen its premium positioning.
Anushka sweats it out... Adah is on her toes... Janhvi gets ready for the lockdown...
Fiscal deficit had soared to seven-year high of 4.6 per cent of GDP in 2019-20, mainly on account of poor revenue realisation which dipped further towards the close of March because of the lockdown.
Days after keeping India's rating at lowest investment grade for 13th year in a row, the rating agency in a webinar said despite the contraction in GDP this year, the country continues to be an outperformer among the peer groups.
The stock of India's largest agrochemical player - UPL (formerly United Phosphorus) - fell 2.8 per cent in trade. It was among the top losers in the BSE 100 on Tuesday. Weak 2022-23 (FY23) January-March quarter (fourth quarter, or Q4) performance and muted near-term outlook led to the decline. The company reported lacklustre growth in revenue of 4 per cent on the back of a price reduction of 3 per cent and volume growth of 1 per cent.
The death toll due to the coronavirus infection rose to 7,466 and the cases mounted to 2,66,598 in the country.
Besides the pandemic that resulted in higher interest rates, the default by Future Retail has dealt a blow to investor sentiment.
The Indian government expressed its dismay at some of the language used by participating MPs in the Backbench Debate, specifically Pakistani-origin Labour MP Naz Shah.
Developed countries are relaxing restrictions on economic activity at a faster rate than expected. Global demand for consumer goods, intermediates and commodities is growing at a fast pace. Most exporters are flushed with orders, says T N C Rajagopalan.
Freight earnings too saw a decline of Rs 8,284 crore to Rs 13,412 crore in the first two months of FY21, compared to Rs 21,696 crore during the same period last year.
Heavy dew has been predicted for the second T20 International between India and New Zealand, which is set to be played in front of a full house at the JSCA International Stadium Complex in Ranchi on Friday.
In the industry for over 25 years, it's good to see how Rani Mukerji is continuing to spearhead films as the lead and still bringing in audiences.
'I remember how my grandmother was scared for me when I joined the industry because she was aware of the hurdles and pitfalls.' 'It's a harsh place.' 'When the going is good, it's great, but you really have to have the spirit to deal with the situation when the chips are down.'
Deprived of some much-needed game time with the cancellation of England tour, senior India spinner Poonam Yadav reckons it could be extremely difficult for the World Cup-bound players to turn up and "instantly" deliver after the long coronavirus-forced break. The Indian women's cricket team's proposed tour, the only major assignment before next year's ICC World Cup, was called off earlier this week due to the COVID-19 pandemic.
'Australia vice-captain Travis Head on Thursday backed the idea of playing the entire Test series behind closed doors at Adelaide Oval, where an on-site hotel is under construction, to ensure it goes ahead amid restrictions forced by the COVID-19 pandemic.'
Sports Minister Kiren Rijiju on Tuesday said a team has been formed to draw up a post-lockdown Standard Operating Procedure (SOP) to be followed by athletes, coaches and other staff during outdoor training that will resume in a "planned manner". He assured the athletes that their training will resume soon but given the risks the coronavirus pandemic poses, the process will involve consultations with home and health ministries.
The restrictions imposed in March led to a sharp slump in demand from bulk consumers like hotels, restaurants, and roadside tea stalls, as they were forced to shut down. Sales of major milk products such as ice-cream, butter milk, and cheese, which usually spike during summer, also dropped.
The timeline for disinvestment of Air India and Bharat Petroleum Corporation (BPCL) may be pushed by two to three months due to impact of the second Covid-19 wave. However, the government is confident of wrapping up the sale of the two companies by FY22 and meeting the disinvestment target of Rs 1.75 trillion. This will be achieved by sale of government stake in core and non-core public sector undertakings (PSUs).
'In the overall global portfolio, India's weighting has come down in the past seven months.'
Such a disruption will take the clock back by many years - in terms of passengers handled - for these airports, thus raising questions among some of the airport operators over a delay in expansion plans.
Quick commerce startups hope to race towards better days. Can they crack the execution code?
GST revenue for the month of June stood at Rs 92,849 crore, a 2 per cent increase over the same month a year ago, the Finance Ministry said on Tuesday. The gross GST revenue collected in the month of June 2021 stands at Rs 92,849 crore of which central GST is Rs 16,424 crore, state GST Rs 20,397, Integrated GST Rs 49,079 crore (including Rs 25,762 crore collected on import of goods) and cess is Rs 6,949 crore (including Rs 809 crore collected on import of goods), the ministry said. The GST revenues for the month of June 2021 are 2 per cent higher than Rs 90,917 crore collected in June 2020.
"We call on Pakistan to stop cleansing their own minorities including Hindus, Christians, Sikhs, Buddhists and others," Bhat said.
Stating that an economic recession gripped global economy following the lockdowns due to COVID-19 pandemic, Fitch Ratings on Friday said the initial disruptions to regional manufacturing supply chains in China have now broadened to include local discretionary spending and exports.
The eight Malaysian Tablighi activists were hiding in the Delhi-NCR region and they tried to take the advantage of a special flight arranged by the Malaysian high commission for their citizens stranded in India due to the coronavirus-triggered 21-day lockdown.
'India is possibly the most fiscally constrained market in the region.'
Reserve Bank Governor Shaktikanta Das on Monday said despite the latest headwinds arising from the Jackson Hole summit leading to extreme volatility, our banking system and financial markets are strong enough to withstand such pressures. Taking the markets by surprise, US Fed chair Jerome Powell had told the annual Jackson Hole summit of central bankers and economists last week that he would have to keep raising federal fund rates to tame inflation, which remains the biggest challenge to the world's largest economy. He also warned of the pains that such monetary policy actions would create on growth and jobs.
It is learnt that BCCI president Sourav Ganguly, secretary Jay Shah and CEO Hemang Amin have all got in touch with their Cricket Australia counterparts after complaints reached them. They have been assured that the Indian contingent will be made to feel comfortable from here on. The series is tied 1-1 currently.
People have said they would be inclined to travel for leisure during the festival and year-end season.
With Omicron, the new variant of SARS-CoV2, the third wave of coronavirus could hit the peak by February with cases likely to be reaching up to 1-1.5 lakh a day in the country, but it will be milder than the second wave, Manindra Agarwal, IIT scientist involved in the mathematical projection of trajectory of COVID-19, said.
Indian spinner Harbhajan Singh, on Saturday, expressed gratitude towards doctors, police and medical workers who are putting their lives at risk in combating the COVID-19 outbreak.
President of Public Health Foundation of India, Professor K Srinath Reddy said that India may see COVID-19 cases peaking as early as in two months if there are strong public health measures and people take all precautions like wearing face masks and maintaining physical distance.
India Inc is set to post an 18-20 per cent revenue growth for July-September as compared to the year-ago period, domestic rating agency Crisil said on Thursday ahead of the filing of quarterly earnings by companies. The handsome growth in the topline will be driven by both higher volumes and higher commodity prices, the rating agency said. However, the rising input prices may have capped operating profit margin expansion for companies when compared to the preceding quarter, the agency said.
'The biggest risk to the Indian markets from a 12-18-month view is that the current government does not get re-elected, or loses in a way that is not represented at all in the next central government.'
India's industrial production rose 1.9 per cent in March 2022, according to official data released on Thursday. As per the Index of Industrial Production (IIP) data released by the National Statistical Office (NSO), the manufacturing sector's output grew 0.9 per cent in March 2022. Mining output climbed 4 per cent, and power generation increased 6.1 per cent.
'Some VIP or minister should come to the ward and see how people are suffering.' 'The pain and suffering of the relatives of the patients who are admitted; let them hear their desperate pleas for medicines and oxygen and ventilators and ICU beds; the cries of the kith and kin of doctors and nurses who are being eaten by the pandemic.'
Dominic Xavier offers his take on the plight of the migrant workers.
According to a 2021 Redseer report, India's overseas education market is estimated to more than double to $80 billion by 2024.
